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This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
Wallace Miner
Location
Wallace, Idaho, United States of America
Date
Sep 15, 1921
Page
6
The Wallace board of trade will limit weekly luncheons to one hour from 12 to 1 PM. President Callahan announced the rule and said unfinished business would carry to the next meeting. The move aims to boost attendance and bring in new members.
Timothy McCarthy, famed locator of the Standard mine and discoverer of the Flynn group, is in town on Flynn group business under option to the Coeur d Alene Syndicate. He has settled near the Columbia River in Washington, plans ranching with emphasis on sheep, and may prospect again, noting copper indications on his land.
DeSnell and D. KB of Santa Barbara arrived from Butte and plan to head home. EB E DeSnell discovered an amethyst deposit 25 miles southeast of Butte and shows stones cut for sale direct to buyers, avoiding middlemen. The display highlights high quality gems found in a breccia vein between granite walls mined with bars and wedges. A smoky topaz from the same deposit was also shown.
Drifting at Pine Creek Mining and Milling started a new ore drift. Samples show milling grade ore with 3.2 ounces of silver, 14.1 percent lead and 24 percent zinc in a three foot footwall sample. Vein width measured 18½ feet. crosscuts to define extent planned as drift advances toward surface.
The Idaho highway commission accepts Nordquist built north south section along Lake Coeur d Alene shore. At 15.5 miles long the $219000 project has no gravel surfacing and ends at Harrison and Wolf Lodge. One 960 foot Turner bay trestle and heavy rock work were key. F C Moore returns from Alaska with J W Pohlman after mining business in Marsh.
Coeur d Alene Mines stock quotations are listed for the Spokane Exchange with current prices and trading notes. The brief item notes recent price movements and investor activity on the exchange floor.
Hecla Mining stockholders adjourned a September 14 meeting after a restraining order blocked joining Banker Hill Sullivan to buy and operate the Star mine. A court hearing was set for September 19, with further adjournments likely until the judge rules.
George Austin of Rainbow Mining, now in Spokane, reports sinking operations on the Little North Fork. A strong ore showing of 18 inches of lead-silver and zinc is about 160 feet deep near the tunnel portal, with the shaft down 20 feet. Iron outcrop and surface conditions favor a large ore body, as miners expect continued gains. Carl Lanasee attends Hecla stockholders meeting and hearings on restraining actions regarding Star purchase.
Notice is hereby given that at a meeting of the directors on August 9 1921 an assessment of two and one half mills per share (assessment No 2) was levied upon the capital stock of Sabina Mines Company payable on demand September 10 1921 to E L C Allen treasurer Wallace Idaho. Any stock remaining delinquent on September 10 1921 will be advertised for sale at public auction and if unpaid will be sold on October 28 1921 to pay the delinquent assessment with costs of advertising and expenses of sale.
Notice of Postponed Notice states Sabina Mines board extends the assessment payment deadline from September 10 1921 to September 17 1921 and postpones the forfeiture sale previously set for October 4 1921 at the same hour and place. Secretary C Allen Wallace Idaho signs.
A. D. Burrow sold his lease interest tied to the Yan kee Bay mine above Blake tunnel on Big Creek. Lou Vose of Burke bought the stake, Burrow will move to his five mile south claims for assessment work. He notes another shipment of silver, lead, and copper previously sent totaling 1774 ounces.
A continuation notes Day denying a deal with the Guggenheims. The text questions how stockholders would react if the Guggenheims owned a significant stake and argues they would face the same minority stockholder treatment as others in Day-controlled firms.
Pine Creek iron ore prospects attract interest as sampling shows ore with silica sulfur and phosphorus impurities harming pig iron. A 100 ton preliminary plant may be set up at one of several locations, temporary in nature pending development toward blast furnaces near hematite deposits for economical handling.
Wanted to hear from owner of a farm or good land for sale at a reasonable price. Contact L. Jones at Box 551 Olney, Illinois. One time notice.
Notice from the Nevada-Stewart Mining Company Wallace Idaho dated August 17 1921 announces a one mill per share assessment due September 17 1921 payable to H M Huemann secretary treasurer at 621 Sixth Street Wallace Idaho. Delinquent stock will be sold November 5 1921 after postponement of both payment and sale dates.
Office of the Lucky Boy Mining and Concentrating Company in Wallace Idaho dated September 12 1921 issues notice of delinquent stock for a three mill per share assessment levied August 10 1921. Names with certificates and owed amounts include Buckley M A 249 3000 dollars 9 Bellander Edna 273 2000 Bellander Emma 272 5000 Devon WOF 280 10000 Hendly Philip 247 6000 Hendly Philip 251 20000 Kammerer John 295 10000 Knight L 261 4000 Knight L 999 5000 Morrison F O 138 5000 Marten Joseph 178 5000.
Lost certificate notice for The Sidney Wing Company shares asks holders to refrain from negotiating the 2000 share certificate No 37 until recovery or new issue. Also an Idaho delinquent assessment sale planned for September 1 1921 at 1 30 p m at the Wallace county courthouse bank street entrance to cover costs and penalties.
Notice from the Friend Mining Company in Spokane Washington dated September 8 1921 declares stock delinquent for a two mill per share assessment levied August 6 1921. The notice lists the amounts owed by each stockholder following the delinquent stock description.
In the District Court of the First Judicial District of Idaho Shoshone County Draper HW Ackermann plaintiff vs Red Monarch Consolidated Mining Company defendant. On September 13 1921 an attachment issued against the property of Red Monarch Consolidated Mining Company for $41773.09 plus interest and costs. Names of involved parties and witnesses listed. Deputy clerk signature.
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